Trade and markets
 

Detail

Area
European Union
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
01/06/2016
Policy Category
Trade
Policy Instrument
State Market intervention
Description
Prolonged the intervention period for purchasing skimmed milk powder (SMP) and increased the ceiling to 350 000 tonnes – for acquisition at a fixed price of 169.8 EUR/100 kg. Allocated EUR 420 million for targeted aid to the livestock sector, with the option of 100 percent top-up using national funds. Endorsed the possibility of voluntary agreements between farmers to limit milk supply for a 6-month period, starting from 13 April 2016 (based on Article 222 of the Common Market Organization). Increased funds for food promotion programmes, including the provision of milk to school children in Syria.